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Home equity lines: characteristics and consequences

Author

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  • K. J. Kowalewski

Abstract

A discussion of the possible impact of home equity lines of credit on the variability of total consumer spending and borrowing, with comment on the potential growth of home equity lending and its affect on consumers and lenders.

Suggested Citation

  • K. J. Kowalewski, 1987. "Home equity lines: characteristics and consequences," Economic Commentary, Federal Reserve Bank of Cleveland, issue Jun.
  • Handle: RePEc:fip:fedcec:y:1987:i:jun1
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    Cited by:

    1. Alina K. Bartscher & Moritz Kuhn & Moritz Schularick & Ulrike I. Steins, 2020. "Modigliani Meets Minsky: Inequality, Debt, and Financial Fragility in America, 1950-2016," Staff Reports 924, Federal Reserve Bank of New York.

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    Keywords

    Mortgages; Consumer credit;

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